Business/Financial
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Business/FinancialGD Appoints Kirchmaier To Lead Advance Information Systems
General Dynamics [GD] yesterday said that Thomas Kirchmaier has been appointed president of the Advanced Information Systems business, part of the Information Systems and Technology (IS&T) group. Kirchmaier, 56, succeeds […]
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Business/Financial
TransDigm Gains Controlling Interest In Aerosonic
TransDigm Group Inc. [TDG] yesterday said it has completed its cash tender offer for Aerosonic Corp., giving it a controlling interest in the small aerospace firm. TransDigm is paying $7.75 […]
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Business/Financial
MB Aerospace Acquires Engine Components Manufacturer Delta Industries
Britain’s MB Aerospace on Monday said it has acquired Connecticut-based Delta Industries, a manufacturer of engine components for the aerospace and defense industries, expanding its capabilities in aero engines as […]
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Business/Financial
SAIC’s First Quarter Income, Sales Fall On Weakness In Defense, Intel Business
SAIC [SAI] on Monday reported lower first quarter earnings and sales due to declines in its defense and intelligence related business, results that were in line with its expectations. Net […]
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ArmyWyle Work Expected To Increase Availability of Army Systems At Lower Cost.
Wyle yesterday said it has been awarded a $46.8 million contract to provide logistics, engineering, technical, programmatic and field engineering services for a variety of missile and close combat weapon systems […]
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Business/Financial
White House To Send Congress Proposal To Curtail Contractor Reimbursements
The White House last Thursday said it will send to Congress this week a legislative proposal that would reduce the cap on reimbursements related to executive pay and bonuses incurred […]
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Business/Financial
Marines Tap Oshkosh Defense For Next-Gen Aircraft Rescue Firefighting Vehicle
The Marines have chosen Oshkosh Corp.’s [OSK] Defense division to deliver its new fleet of P-19 Replacement Aircraft Rescue and Fire Fighting (ARFF) vehicles. Marine Corps Systems Command received three […]
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ArmySSAI, SESI Awarded Contracts on $1.5 Billion Army Aviation Logistics Support
The Army awarded Support Systems Associates Inc. (SSAI) with its major subcontractor BAE Systems, and Science Engineering Service Inc. (SES-I) the Logistics Support Facilities Management Activity (LSFMA) contract, a multiple […]
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Business/Financial
PAE To Acquire Portions Of CSC’s Applied Technology Division
Global mission services provider PAE yesterday said it has agreed to acquire certain aspects of CSC’s [CSC] Applied Technology Division (ATD) for $175 million in cash, adding military and space […]
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ArmyGeneral Dynamics Leads Effort To Develop Integrated APS
General Dynamics [GD] Land Systems yesterday said it is leading an effort to develop the first North American combat vehicle with a fully integrated Active Protection System (APS). The company […]